Zafgen, Inc. (ZFGN) Forms $7.69 Double Top; Communications Systems (JCS) SI Increased By 125%

Communications Systems, Inc. (NASDAQ:JCS) Logo

Zafgen, Inc. (ZFGN) formed double top with $8.00 target or 4.00% above today’s $7.69 share price. Zafgen, Inc. (ZFGN) has $211.93M valuation. It closed at $7.69 lastly. It is down 54.27% since April 15, 2017 and is uptrending. It has outperformed by 42.72% the S&P500.

Communications Systems Inc (NASDAQ:JCS) had an increase of 125% in short interest. JCS’s SI was 8,100 shares in April as released by FINRA. Its up 125% from 3,600 shares previously. With 8,900 avg volume, 1 days are for Communications Systems Inc (NASDAQ:JCS)’s short sellers to cover JCS’s short positions. The SI to Communications Systems Inc’s float is 0.12%. The stock increased 3.55% or $0.13 during the last trading session, reaching $3.79. About 4,521 shares traded. Communications Systems, Inc. (NASDAQ:JCS) has declined 19.32% since April 14, 2017 and is downtrending. It has underperformed by 30.87% the S&P500.

Investors sentiment increased to 0.8 in Q4 2017. Its up 0.03, from 0.77 in 2017Q3. It is positive, as 6 investors sold Communications Systems, Inc. shares while 9 reduced holdings. 3 funds opened positions while 9 raised stakes. 2.88 million shares or 0.53% more from 2.86 million shares in 2017Q3 were reported. Renaissance Technology Limited Liability Company reported 435,200 shares stake. Us-based Ancora Advisors Ltd Llc has invested 0.02% in Communications Systems, Inc. (NASDAQ:JCS). Bridgeway Cap Mngmt has 0.01% invested in Communications Systems, Inc. (NASDAQ:JCS) for 152,100 shares. 160,343 were reported by Vanguard Group Inc Inc. Dimensional Fund Advsrs Lp reported 0% in Communications Systems, Inc. (NASDAQ:JCS). California Employees Retirement Systems has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Royal Comml Bank Of Canada has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). 11,443 were reported by Natl Bank Of Mellon. Macquarie Group Limited has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Northern Trust Corp stated it has 0% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS). Deutsche Financial Bank Ag invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Ameriprise holds 0% or 22,259 shares in its portfolio. Geode Management Ltd Limited Liability Company reported 26,530 shares stake. Tower Ltd Limited Liability Company (Trc) holds 0% or 1,571 shares. Panagora Asset Management, Massachusetts-based fund reported 7,157 shares.

Communications Systems, Inc., together with its subsidiaries, makes and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company has market cap of $33.99 million. The companyÂ’s Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name. It currently has negative earnings. This segment serves telephone companies, electrical/low-voltage contractors, home builders, cable customers, and original equipment manufacturers directly, as well as through distributors.

Analysts await Zafgen, Inc. (NASDAQ:ZFGN) to report earnings on May, 8. They expect $-0.53 EPS, down 10.42% or $0.05 from last year’s $-0.48 per share. After $-0.48 actual EPS reported by Zafgen, Inc. for the previous quarter, Wall Street now forecasts 10.42% negative EPS growth.

Communications Systems, Inc. (NASDAQ:JCS) Institutional Positions Chart